Part 1. Choosing an Investment Brokerage Firm

A brokerage firm is a company that allows you to purchase stocks. It is a direct link between you and wall street. You can go to a company and have someone else invest your money for you or you can set up an online account that will let you be in charge of your own money. You can choose to buy what ever stocks you would like in the United States and even around the world. We are looking to do it individually so I would recommend an internet based company, which are very popular these days.

So the first step that one should do when looking to get into the stock market is choose a stock broker firm. The most popular are Etrade, TDAmeritrade, Scottrade, Schwabb and many more. The most important factor for us will be how most does it cost to purchase stock from the company. Many of them advertise $7 trades $9 trades or even less, but in the fine print it says you must put $1000 or more into the account.

When I started off I didn't invest $1000 or more I put in $40 just to get a taste of what the market was like and what it had to offer. I ended up going with Etrade. Though the price to pay for a stock is $11 I felt like it was a more versatile broker that offered a lot more features and was a company that I had heard of a lot more than the others. But you can go to the sites and choose what broker you would like to use. Just as a tip, Schwabb is the most expensive so I would stay away from it.

Now when you get all of your account set up you will need to have your bank account number near by with your routing number so you can set up a direct link to your bank account so you can transfer/wire money over to your new account. The first time you do it will take a couple of weeks because it must verify the money and make sure you are who you say you are.

Now depending if you are wanting to just test out the market or if you are feeling confident and want to make the big bucks you should put in enough money to invest and be able to cover the purchase fee and selling fee of the stock (which in most cases is the same as the purchase fee known as commission fee). I would recommend you put at least $40 in so you have some money to invest with but you won't lose to much if your stock goes down.

Now be aware depending on how much money you put into your account will limit the amount of stocks you can invest in. Meaning if you only put in $40 like I recommend for the younger people you will probably be investing in MicroPenny stocks which mean you probably will never of even heard of the company before. You need to invest a lot more money to be able to purchase stocks of Apple, or Dell, or other companies that are well known and be able to make a significant profit.

How To Start Portfolio From Nothing... To Making Money

This weekend join us as we discuss the secrets and techniques that go for making money from MicroPenny Stocks and many more. This will be an introduction to for everyone that is new and wants to only invest a little bit of money and make some money fast.
You will learn the techniques I used to turn my $40 into $400 in a month which then I reinvested and kept making fast money.

***DISCLAIMER***
You must always know your own financial status and understand the ricks that are involved when investing.

Visteon Coportation

Visteon a Fortune 500 company that supplies Ford with parts for cars has filed for bankruptcy Chapter 11. ""During the reorganisation period, we will seek to address our capital structure and legacy costs that are not sustainable given the current economic environment. The results of these actions, combined with our innovative products and excellent product quality, will allow Visteon to emerge a financially sound and well-positioned company."

Visteon was spun off from Ford nine years ago and hasn’t managed an annual profit since then. Earlier this month the company warned that it could be forced into bankruptcy should debt restructuring talks with lenders fail." (Automotiveworld.com)

I am going to sit back an see what comes about with this, because as we all know the airlines are just like this they don't make any money and have all filed for bankruptcy many times. I might get into this once it gets lower.

Stay away from GM until you want to gamble.... Then wait till it goes under $1. It's a pump n dump stock.

Redwood trust (RWD) is a good long term investment

Look to invest in oil exxon Hess BP and many more... Also look into oil exploration companies.

Rite aid will keep hovering around the $1 mark but by August it should be nearing $2 .. Have to keep an eye on them though to make sure they don't do a reverse stock split.

Late Mid Day Report

So far today has been pretty much expected, Ford has gone down looking to possibly close .70 down from the open price. I would still hold off till it is in the $3-$4 range, then you can possibly buy back in. I am going to be waiting till I hear some more news from them.
An interesting stock to take a look at would be (GE). Not only was it down today but it announced it would be starting to produce batteries, take a look here. I think GE would be a long term growth stock, it will take time to get back up but it is a good buy at the current price of $13.44.
Now for future lookout for everyone, watch the Financial Sector. One of the riskiest sectors in the market but also possibly the the area with biggest profit potential. Keep an eye on Citigroup (C), Fannie Mae (FNM) and Freddie Mac (FRE), and AIG. Wait for these stocks to go down, which for the last couple of months they have had a trend. They will rally like they did last week and then go back down. Wait for them to go down and then you can buy into these. These companies will not go out of business but the odds of FNM & FRE going up and past $2 is unlikely for this year and probably not till late next year or 2011. They will continue there trend and cycle of going up and down. Currently they are at there high point, they will go back done and once they go under .60 or lower I would strongly recommend buying in. They have the potential to go down to .3 or lower. So watch and wait for FRE & FNM to go down.

So I'm getting updates while I'm on the road that Rite Aid is at it's lowest point of the day... Buy now

Stocks to Watch and Buy Into Now

The stock has gone up a lot the last two days but I still think it is pretty early and you can still get in. The value of Rite Aid (RAD) will be at $2 pretty soon because they are no longer in danger of going bankrupt according to http://www.google.com/finance?q=NYSE:RAD. I would suggest getting in soon or waiting for it to go down a little. But this is going to be a stock you really want to look into.
Other stocks you want to keep an eye on from today's openings are Ford (F) it has gone down .47 cents so far and I would wait a little longer I expect it to drop under $5 and possibly even to low $3-$4 range soon, and GM though GM is more of a risky stocky I am still going to keep an eye on them once they drop under a $1 I will wait to see when I want to buy there stock, I am looking at around .7 or lower till I buy in and when I do I will buy a lot.
Keep looking back as the day goes on for up2date Stock Info!

How To Choose a Stock In This Market

In today's economy you have the news reporting how everyone should stay out of the market and how bad the market is. While this might be true for some people and the older generation it is not true for the younger generation. What people aren't mentioning is that this is the best time for younger people to invest. You will never find these companies at a lower price than you have and will see through the next year.
That being said there are a lot of money making companies out there right now. For instance I purchased Ford (F) at $1.76 I figured out of the big 3 Ford would make the most sense because they looked like they were doing well. For the first week or two it went down to around almost a $1 I didn't worry much I figured it would go up. And it did, it rallied for the next week and on till I sold it at $5.76. That is a $4 increase and if you purchased 1000 shares of it, that would off been a $4000 net worth profit in only a month. Thats if you only purchased 1000 shared. Many others could of purchased more.
This is all great so what method do I use to find these potential booming stocks. For instance Rite Aid (RAD). You have to research and look at many charts, you don't even have to research that much just go to finance.google.com and look through all of the sectors and companies. The most important factor to look at right now is the % increase or decrease. I go for the % Decrease. I read through the company information see what they do and how well they are doing, obviously they may not be doing that well right now but I look at the past on the charts from 3 months to 1 yr to max. You want to look at the trend of the stock. Does it go up and down has it had tough periods before. What was the max value of the stock the average value. Another important bit of information I look at is the 52wk High and Low. I like to know where the stock recently has been. Then looking at the chart you want to look at the 1 yr to 3month period and see where it is compared to the the previous times. You don't want to buy at its high point in this kind of market. You want to buy at the low point or below the highest point thus far.